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No Board approval required for one of the last sponsor units in this wonderful building with low maintenance.
This apartment is in one of the most convenient locations around with so many well known and convenient shopping options, restaurants transportation!
3D is a good sized, true one bedroom. Check out the floorplan to see for yourself.
Prewar details include elegant hardwood floors, decorative mouldings, window in kitchen and bathroom, high ceilings.
The Art Deco building has a new elevator, an "A" Energy Efficiency Grade, an updated gas system, laundry, storage for rent, a few outdoor spaces to choose from, and the great live in super will be at your service!
80% financing, pets, sublets, and pied a terre permitted.
There is a cable charge of $69. 21 added to maintenance. This covers wifi, as well. You may want to calculate full monthly charge as $1366.
For future reference, the building has a 1% flip tax which will not apply in this case since this is a sponsor sale.
I look forward to showing.
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Our Executive Mortgage Banker:
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$499,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,490 | $2,622 | $3,342 |
Total Monthly Payment | $2,565 | $2,697 | $3,417 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.